CHART: Mboweni Is likely to get Moody's reprieve

Tito Mboweni is likely to get a boost at the start of his tenure as finance minister, with Moody’s Investors Service maintaining its rating on the nation’s sovereign debt.

That’s according to Bank of America Merrill Lynch.

Moody’s, the only one of the three major credit-rating companies that still assesses debt at investment grade, is scheduled to announce the review on Friday.

on hold

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER
We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
15.60
-0.8%
Rand - Pound
20.89
-0.9%
Rand - Euro
17.37
-0.8%
Rand - Aus dollar
10.89
-0.1%
Rand - Yen
0.13
-0.6%
Gold
1,785.80
-0.7%
Silver
22.50
-1.2%
Palladium
2,336.00
-1.7%
Platinum
1,005.00
-2.1%
Brent Crude
89.34
-0.7%
Top 40
66,776
-0.4%
All Share
73,212
-0.4%
Resource 10
74,373
-1.0%
Industrial 25
90,292
-0.2%
Financial 15
15,075
+0.1%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot